India, Dec. 27 -- The Government of India has issued a release: New Delhi, December 27, 2025: The Ministry of Ports, Shipping & Waterways (MoPSW) notified the operational guidelines for two major shipbuilding initiatives-the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS)-aimed at strengthening India's domestic shipbuilding capacity and improving global competitiveness. The approved guidelines lay down a transparent and accountable framework for i...
India, Dec. 27 -- The Government of India has issued a release: 1087 grievances related to long standing grievances of pensioners pertaining to 30 Departments/Ministries belonging to the Departments under Ministry of Defence, Ministry of Home Affairs, Finance, Posts, Housing & Urban Affairs, Civil Aviation etc were taken up in the Pension Adalat held on 24.12.2025 for redressal out of which 815 grievances were resolved on the spot underscoring the efficiency of this initiative in delivering tim...
India, Dec. 27 -- The Government of India has issued a release: Sl No. Sector Total Grievances Total Amount Refunded (in Rs.) 1 E- Commerce 39,965 320,680,198 2 Travel & Tourism 4,050 35,222,102 3 Agency Services 957 13,497,714 4 Electronic Products 635 11,725,231 5 Airlines 668 9,556,843 Total 46,275 39,06,82,088 The National Consumer Helpline (NCH), a flagship initiative of the Department of Consumer Affairs, Government of India, continues to play a crucial role in ...
MUMBAI, India, Dec. 29 -- Reserve Bank of India issued the following press release: Today, in compliance with Section 36 (2) of the Banking Regulation Act, 1949, the Reserve Bank of India released the Report on Trend and Progress of Banking in India 2024-25. This Report presents the performance of the banking sector, including commercial banks, co-operative banks and non-banking financial institutions, during 2024-25 and 2025-26 so far. Highlights * The Indian commercial banking sector rema...
MUMBAI, India, Dec. 29 -- Reserve Bank of India issued the following notification: RBI/2025-26/165 DOR.AML.REC.369/14.01.006/2025-26 December 29, 2025 Reserve Bank of India (Urban Co-operative Banks - Know Your Customer) Amendment Directions, 2025 Reserve Bank had issued Reserve Bank of India (Urban Co-operative Bank - Know Your Customer) Directions, 2025 dated November 28, 2025 (hereinafter referred to as the Directions) in compliance of the provisions of the PML Act, 2002 and the Rules ma...
MUMBAI, India, Dec. 29 -- Reserve Bank of India issued the following notification: RBI/2025-26/166 DOR.AML.REC.370/14.01.002/2025-26 December 29, 2025 Reserve Bank of India (Commercial Banks - Know Your Customer) Amendment Directions, 2025 Reserve Bank had issued Reserve Bank of India (Commercial Banks - Know Your Customer) Directions, 2025 dated November 28, 2025 (hereinafter referred to as the Directions) in compliance of the provisions of the PML Act, 2002 and the Rules made thereunder. ...
MUMBAI, India, Dec. 29 -- Reserve Bank of India issued the following notification: RBI/2025-26/157 DOR.AML.REC.361/14.01.011/2025-26 December 29, 2025 Reserve Bank of India (All India Financial Institutions - Know Your Customer) Amendment Directions, 2025 Reserve Bank had issued Reserve Bank of India (All India Financial Institutions - Know Your Customer) Directions, 2025 dated November 28, 2025 (hereinafter referred to as the Directions) in compliance of the provisions of the PML Act, 2002...
MUMBAI, India, Dec. 29 -- Reserve Bank of India issued the following notification: RBI/2025-26/158 DOR.AML.REC.362/14.01.010/2025-26 December 29, 2025 Reserve Bank of India (Asset Reconstruction Companies - Know Your Customer) Amendment Directions, 2025 Reserve Bank had issued Reserve Bank of India (Asset Reconstruction Companies - Know Your Customer) Directions, 2025 dated November 28, 2025 (hereinafter referred to as the Directions) in compliance of the provisions of the PML Act, 2002 and...
MUMBAI, India, Dec. 29 -- Reserve Bank of India issued the following notification: RBI/2025-26/159 DOR.AML.REC.363/14.01.008/2025-26 December 29, 2025 Reserve Bank of India (Local Area Banks - Know Your Customer) Amendment Directions, 2025 Reserve Bank had issued Reserve Bank of India (Local Area Banks - Know Your Customer) Directions, 2025 dated November 28, 2025 (hereinafter referred to as the Directions) in compliance of the provisions of the PML Act, 2002 and the Rules made thereunder....
MUMBAI, India, Dec. 29 -- Reserve Bank of India issued the following notification: RBI/2025-26/160 DOR.AML.REC.364/14.01.003/2025-26 December 29, 2025 Reserve Bank of India (Non-Banking Financial Companies - Know Your Customer) Amendment Directions, 2025 Reserve Bank had issued Reserve Bank of India (Non-Banking Financial Companies - Know Your Customer) Directions, 2025 dated November 28, 2025 (hereinafter referred to as the Directions) in compliance of the provisions of the PML Act, 2002 a...